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Breakout coming, continuation of bull trend to $46k
Pennant pattern tells me it's going up from here, and this is based on previous trend analysis and my prediction of the 250k goal in October 2021. As with a lot of breakouts, there may be a fakeout of a dip at first.
Fib extension shows around 46.8k on the bull high and 26.6k on the bear low. These are short term targets, of course.
Stochastic RSI says trading power is weak, but this is usually an indicator of the end of a pennant in my experience.
Fib extension shows around 46.8k on the bull high and 26.6k on the bear low. These are short term targets, of course.
Stochastic RSI says trading power is weak, but this is usually an indicator of the end of a pennant in my experience.
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